Al - Barakah Tanzanite Account

Overview

A savings account specifically designated for Tanzanians who are living abroad and can save part of their income at home for meeting local family obligations and/or investment.

 Underlying Contract is Qardh.

 Can be opened and operated in TZS/USD/EURO/GBP

 Minimum opening and operating balance of TZS 100,000 or 100 USD/EUR/GBP

 Minimum operating balance is TZS 100,000, 100 USD/EUR/GBP

 Eligible to TemboCard Visa Gold linked to TZS and USD denominated accounts

 Monthly Maintenance fee TZS 1500 or USD/GBP/EUR 2.5

 Shariah Compliant i.e. funds are not channeled into impermissible activities.

 Eligible to Internet banking with free online access to the account

 Dedicated RM

 Easy and fast money transfer facilitation

 Affordable Opening and Operating Balance

 Account is eligible for Mortgage Financing

 24/7 Access to call centre Services

 Account can be operated online

 Account is for Diaspora with 18 years and above

 Certified Copy of Passport (last 2 pages) | Visa/Permit | 2 Passport size photos each

 Students: Certified copy of introduction/admission letter.

 Joint accounts: fill 2 forms & required documents.

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